Consumer U.S. inflation today … will it be “buy the rumor, sell the fact”, or up,
up & away for gold & USDJPY? … things are indeed getting a tad “frothy”!
Well, that escalated quickly … when the whisper numbers for any report are “end
of the world” [which these inflation numbers were], and scumbag Wall Street
banks PLUS POLS are preparing the media for the worst, rest assured it’ll be “sell
the fact” … and cuz the U.S. isn’t Venezuela YET [although give “Taliban Joe”
some more time to totally ruin the country], and the world miraculously survived a
worse than expected inflation number … the “smartest people in the room”
immediately crowed about how this March inflation report is the “high water” mark
for 2022 … sure, sure it is … believe that and I got some farmland in the middle of
the Atlantic Ocean for sale … interested? … and immediately the dollar went
down, “Spoos” rocketed higher, and the end of civilization as we know it isn’t
gonna happen today … given Biden’s record maybe tomorrow, but that’s
another story.
COMMAND DECISION TIME
Over the last week or so, I’ve looked at every market offered for trading by
Turnkey … the vast majority don’t make the cut for a variety of reasons I’ve
written about before … there has been a very subtle major development in trading,
that few recognize the significance of, and that’s Vlad making the Russian Ruble
a gold backed currency … he’s taken the West’s sanctions and turned them on
their ass, and in the process laid the groundwork for replacing the U.S. Dollar as
the world’s reserve currency, by announcing that the CBR [Central Bank of
Russia] will buy gold at 5,000 rubles per Gram … unlike before, where the
scumbag bullion banks, the BIS, & the corrupt FED used the “Rally Protection
Team” and the banks to do selling, that game is OVER! … there’s a new Sheriff in
town, and gold has got a lot of catching up to do! … throw in the ChiComs and
others around the world who distrust the U.S. for obvious reasons, the biggest
being that the U.S. [if they’re your “friend”] will eventually turn on you and stab
you in the back … in other words, you can’t trust the U.S. to keep its word on
anything … and now seeing “Taliban Joe” attempt to use the financial system as
a weapon against him, Vlad has turned the tables and said “fuck you”, pay for all
of our shit in Rubles [or gold] or you don’t get it … game, set, match Vlad, and
Biden looks like the moronic idiot he is.
And so, in effect, a new monetary system has been born … one where gold is at
the forefront … and that means a higher price, more VIX, and better more robust
trading opportunities in gold … bottom line is, I’m gonna go 100% gold from
here on out for the PAMM, cuz it gives us our best opportunities for profitable
algorithm trades … USDJPY not so much, especially when it slows down … over
the last week, I’ve made some minor tweaks specifically for the gold market and
how it trades via the trading algorithm … I need to give one market my sole
attention, cuz watching multiple markets is like playing “Whack-A-Mole”, and
you’re never there when shit moves cuz you’re watching or trading something
else that isn’t moving … even when gold is shit, if Turnkey can keep the bid/offer
spread halfway decent [a tall order given the LP’s they use and their penchant for
“scumbaggery & fuckery”], there are still trades via the algo … you can’t say the
same with other pairs … in addition, gold trades well in the European session
most days, something that definitely can’t be said of traditional FX pairs … even
if the 20 Day Range MA [today at $27.22] comes in some, VIX here is still much
better than about everything else, except maybe crude oil … but we can’t trade
crude oil cuz Turnkey has ruined it … most days sees gold at Turnkey versus
Simple FX, relatively close in cost to trade … the difference here usually pennies,
but you have always got to keep an eye on Turnkey’s spread for LP thievery
… and on those days, I just leave it alone, but it’s more of a “one off” than some
kind of standard.
It’s not simply a function of volatility [VIX] in the marketplace when it comes to
picking a trading pair … there are logistical factors that play out equally important
… namely, the bid/offer spread, how consistent it is, what’s the slippage like, and
can I count on the LP’s to be honest & fair … quite frankly, it’s tough to use
“honest & fair” in the same sentence as anything describing Turnkey’s LP’s
… however, in gold it’s equally bad across the spectrum of brokerage houses, as
the scumbag bullion dealer banks play no favorites, and slippage is a factor
everywhere … so, Turnkey no worse for wear than the next house when it comes
to gold … and in the new monetary paradigm now being forged by Vlad & crew at
the expense of the U.S., I don’t see gold slowing down one bit … as long as the
Asian session doesn’t get out of control in terms of eclipsing the 20 Day Range
MA, gold with a 20 Day Range MA = $25+ is a definite winner for us as traders, and
is plenty volatile enough over 8+ hours to give us our necessary signals
… EURUSD & USDJPY simply can’t consistently hold a candle to gold for VIX
… sure, lately some days have been OK, but in that context look at gold and it
still outshines them by a wide margin … it’s simply time to jettison the “also rans”
pairs and focus on the pair at the center of the new commodity based monetary
system with gold at the heart of it, and not miss another move cuz something else
ain’t moving … this “Whack-A-Mole” shit stops today! … I’ll be entirely focused
on gold the entire day, and quite frankly could give 2 rat fucks what anything
else does, where it goes or how it trades, simply cuz it ain’t gonna beat gold in
the final analysis!
Month over month, March saw inflation running over 13% … year over year, it
came in at 8.6% … anybody believe the idiots in the “Swamp” or at the FED, has
the slightest fucking clue what to do? … they’re clueless! … and after the Lounge
Lizards spike rates higher, then comes the next depression, where it’s gonna be
QE INFINITY forever, and SHTF in earnest … and through it all, gold will benefit
… and I’m gonna be there to trade it! … so, Giddyup and let’s go!
… onto tomorrow.
No trades today in anything, and it’s onto gold … outta here … “The future’s so
bright I need sunglasses”!! 😎😎… Onward & Upward!!
-vegas
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